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Lanni Products is a start - up computer software development firm. It currently owns computer equipment worth $ 3 3 , 5 0 0 and
Lanni Products is a startup computer software development firm. It currently owns computer equipment worth $ and has cash on hand of $ contributed by Lannis owners. Lanni takes out a bank loan. It receives $ in cash and signs a note promising to pay back the loan over years.a Prepare the balance sheet just after it gets the bank loan.
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